Raymond James Downgrades SM Energy (SM) to Market Perform
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Price: $33.75 +4.10%
Rating Summary:
23 Buy, 15 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
23 Buy, 15 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Raymond James analyst John Freeman downgraded SM Energy (NYSE: SM) from Outperform to Market Perform.
The analyst commented, "Looming debt maturities in 2021-2022 remain a point of concern, and FCF at strip pricing cannot cover it."
For an analyst ratings summary and ratings history on SM Energy click here. For more ratings news on SM Energy click here.
Shares of SM Energy closed at $2.21 yesterday.
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